Closed

Buena Vista Gardens, 5710 NW 5th Ave Miami, FL 33127

399,000(-24.84% )
$299,900Price
1,300SqFt

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Details

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Status:
Sold
Size: 1,300 ft2 / 121 m2
Price: $231 ft2 / $2,483 m2
Type: Multi Family
Built: 1946
MLS Number: A11438418
On Site: 632 Days
Updated: 521 Days ago
Page Views: 0
Great investment opportunity! Situated just minutes away from the ever-thriving design district and wynwood area, is this income-producing detached housing unit in historic buenavista gardens. This property consists of two separate living structures — the main home is a 3 bed/1 bath; while the rear residence is a 1 bed/1 bath. Unique in design w/ Character. Both buildings had roofs replaced. Both properties will require a reno to restore them to their full glory. Both units are currently rented *significantly* under rental market value. High roi if updated and priced accordingly. Quiet neighborhood. Lot is zoned for multi-units; newly constructed duplexes are being built on this same street. Many options with this purchase. Abnb allowed. This investment is a smart hedge against inflation.

Features

Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: Fence, FruitTrees, Patio, RoomForPool, Shed

Price History

11/21/2023

Date

Sold

Event

$299.9K

Price

-24.84%

Change Rate

$231 ft2 / $2,483 m2

Price Per

09/13/2023

Date

Price Reduced

Event

$399K

Price

-3.86%

Change Rate

$307 ft2 / $3,304 m2

Price Per

08/18/2023

Date

Listed

Event

$415K

Price

$319 ft2 / $3,436 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Cindy AbreuReal Estate Sales Force • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$200/ft²
$500/ft²
$700/ft²

Unit 5710 NW 5th Ave – Asking

$231/ft²

(-30%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$328/ft²
Community $/Price Range (Closed) $282/ft² – $592/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
5516 NW 5th Ct2/31,140$425EastNone$485,00010/28/2024
# 52/31,300$231EastNone$299,90011/20/2023
Bed/Bath: 2/3Size SqFt: 1,140$/SqFt: $425Exposure: EastView: NoneSold: $485,000Closed Date: 10/28/2024
Unit: # 5
Bed/Bath: 2/3Size SqFt: 1,300$/SqFt: $231Exposure: EastView: NoneSold: $299,900Closed Date: 11/20/2023
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